Talking the Talk: Decoding Gambling Lingo and Slang

RachelKing

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1. Vigorish (or Vig): The commission or fee charged by a bookmaker on a bet.

2. Parlay: A single bet that links together two or more individual wagers for a high payout, but all bets must win for the bettor to receive a payout.

3. Juice: Similar to vigorish, juice is the commission or fee charged by a bookmaker on a bet.

4. Steam: When a line moves rapidly in one direction due to heavy betting action.

5. Sharp: A term used to describe a professional or skilled bettor.

6. Square: A term used to describe an inexperienced or casual bettor.

7. Push: When a bet results in a tie, and the bettor receives their original stake back.

8. Teaser: A type of bet that allows the bettor to adjust the point spread in their favor, but at the cost of lower odds.